Completed
Date

Thursday 30 November 2017

Time

12:00 pm

Duration

1.5 CDP hours

Session Topic

Financial reporting and auditing update for 31 December 2017

Every reporting period has its own unique challenges for preparers and auditors, ranging from new accounting standards to the regulatory focus of Australian Securities and Investments Commission. The session will focus on:

  • Accounting standards operative for 31 December reporting date
  • Sharping disclosures of AASBs 15, 9 and 16 disclosures of issued but not yet operative standards
  • Examine the ASIC inspired corporate restatements
  • Address the ASIC targets and result of its financial reporting surveillance program, and.
  • Auditing developments and issues.
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This session is presented by:

Colin Parker

Principal, GAAP Consulting, Financial Reporting Expert

Colin, Principal of GAAP Consulting, is an expert in financial reporting, auditing and related governance issues, and was previously a member of the Australian Accounting Standards Board. He has conducted many independent expert and consulting experts reports on professional negligence, and accounting and auditing standards. He is the team leader advisory and litigation services and adviser to GAAP Training and Reportfraud.

 

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Carmen Ridley

Principal of Australian Financial Reporting Solutions

Carmen has an excellent knowledge of financial reporting through significant experience with a number of major accounting firms in both the external audit and technical divisions and spending significant time analysing and interpreting accounting standards for clients. Carmen is the co-author of ‘Understanding and Implementing the Reduced Disclosure Regime’. Carmen is serving her third three-year term as a member of the AASB.